Question: Changing the confidence level. A study with 36 observations had a mean of 70. Assume that the standard deviation is 12. Make a diagram similar
Changing the confidence level. A study with 36 observations had a mean of 70. Assume that the standard deviation is 12. Make a diagram similar to Figure 6.6 (page 364) that illustrates the effect of the confidence level on the width of the interval.
Use 80%, 90%, 95%, and 99%. Summarize what the diagram shows.
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